JMvalueinvest

Buy Ajanta Pharma abv 1480 for tgt 1600

Long
NSE:AJANTPHARM   AJANTA PHARMA
Ajanta Pharma is forming a Inverse H & S pattern and will breakout above 1480, and would result in pattern target of 1600 levels. Would strongly back the target given that Pharma sector especially the midcaps are in flavor and are outperforming.
Trade closed: target reached: Target of 1600 achieved. Book profits
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